Astrakhan shipyard Lotos has clinched two contracts for newbuildings worth RUB 1bn ($17m).

The United Shipbuilding Corporation (USC) yard will build an RSD 49-type bulker for domestic owner Anship.

The yard has also won a deal for a non-self-propelled cargo pontoon for Ark, Portnews reported.

Keel-laying of the bulker is scheduled for 21 March.

It is the yard's third such vessel and is the largest dry cargoship that can transit the Volga-Don Shipping Canal, being 140 metres long.

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